The Insolvency and Bankruptcy Board of India (IBBI) is the regulator for overseeing insolvency proceedings and entities like Insolvency Professional Agencies (IPA), Insolvency Professionals (IP) and Information Utilities (IU) in India. It handles the casesusing two tribunals like NCLT (National company law tribunal) and Debt recovery tribunal.Current chairman of IBBI is M. S. Sahoo
The Wassenaar Arrangement is a multilateral export control regime and plays a significant role in promoting transparency and greater responsibility in transfers of conventional arms and dual-use goods and technologies. It has decided to admit India as its new member which would enhance its credentials in the field of non-proliferation despite not being signatory to Non-Proliferation Treaty.
India has the Highest Income Inequality according to the ?World Inequality Report 2018?, released by World Inequality Lab based at Paris School of Economics. India?s Top 1% of earners grabbed 22% share of national income, while bottom 50% managed to get only 15% share.
Senior IAS officer BN Sharma has been appointed as New Chairman of National Anti-Profiteering Authority (NAAP) under Goods & Services Tax (GST). The post of NAAP Chairman is equivalent to the rank of Secretary to Union Government.
The 60-megawatt Tuirial Hydroelectric power project has been inaugurated by PM from Aizawal, Mizoram. Now Mizoram has become third power-surplus state in North-East after Sikkim and Tripura.Note: Tuirial Dam is an earth fill and gravity dam near Kolasib in the state of Mizoram in India.
Pluto Exchange, a Dubai-based Cryptocurrency Dealer has launched the India?s first mobile ?Bitcoin trading app? fortransacting in virtual currencies. Users of Pluto Exchange?s app will be able to buy, sell, store and spend bitcoins via mobile number using four-digit Personal Identification Number (PIN).
Thailand will chair the first 2019 summit of the Association of Southeast Asian Nations.
There is no court fee payable when a matter is filed in a Lok Adalat.
Comments
There are no comments.Copyright ©CuriousTab. All rights reserved.